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Bank Management
Quiz 10: Funding the Bank
Today, Most Demand Deposit Accounts Are Owned by Individuals
Question 46
True False
Today, most demand deposit accounts are owned by individuals.
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Q 47
Individuals, as a group, are not as interest-rate sensitive as wholesale customers.
Q 48
An ACH transaction is a sale that uses a smart card.
Q 49
Repurchase agreements generally carry a lower interest rate than comparable maturity Fed funds.
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